Author: i2wtc

Pakistan has successfully repaid its $500 million International Bond (Eurobond) that matured on September 30, 2025, in line with all its obligations. Advisor to the Finance Minister Khurram Schehzad announced on X on Wednesday that the Eurobond, issued in 2015 to global investors with a 10-year tenor, was settled on time. Update: 🇵🇰 Pakistan Maintains Steady Debt Servicing, Amid Strengthening Fundamentals and Improving OutlookPakistan’s has successfully repaid its $500mn International Bond (Eurobond) due on 30 Sep 2025 – as scheduled, in line with all its obligations.Issued in 2015 to… — Khurram Schehzad (@kschehzad) October 1, 2025 “This repayment reflects Pakistan’s…

Amazon on Wednesday expanded its private-label grocery lineup with the launch of a new brand aimed at “price-conscious” shoppers, with most products priced under $5.The brand is called Amazon Grocery and includes more than 1,000 items, ranging from dairy, fresh produce, meat and seafood to snacks and baking essentials, the company said in a release. Amazon said the new offering unites its Happy Belly and Amazon Fresh brands under one label.”During a time when consumers are particularly price-conscious, Amazon Grocery delivers more than 1,000 quality grocery items across all categories that don’t compromise on quality or taste – from fresh…

Three police officers were killed and nine others injured in during an attack carried out by armed men belongs to Awami Action Committee in Dhir Kot, Azad Kashmir, Express News reported. Armed men affiliated with the Awami Action Committee on Wednesday opened fire on police personnel, resulting in the casualties. The officers who were killed include Constable Khurshid and Constable Jameel, both from Bagh, and Constable Tahir Rafi from Muzaffarabad. Families of the deceased and injured officers demanded that the government bring the attackers to justice and impose strict penalties. Meanwhile, AJK Prime Minister Chaudhry Anwarul Haq invited the Awami…

Stablecoins are making major strides in mainstream adoption.The blockbuster IPO of USDC issuer Circle and the GENIUS Act stablecoin bill becoming law in the U.S. in July boosted excitement for cryptocurrencies that are pegged to the price of the U.S. dollar.Now, small and medium-sized businesses in the U.S. are exploring how the technology could cut down on one their biggest expenses: payment processing fees.Merchant processing fees totaled a record $187.2 billion in 2024, according to a study from Nilson Report. Those fees are collected from credit card swipes and mobile phone payments.”If credit card transaction fees were an employee in…

A sign is displayed outside the El Capitan Entertainment Centre in Hollywood where the “Jimmy Kimmel Live!” show will be recorded on the first night the show will return to the ABC lineup on September 23, 2025 in Los Angeles, California. Mario Tama | Getty ImagesLate-night television has come under fire in recent months. That could leave advertisers and media companies, already clinging to what’s left on live TV, with an even smaller pool of options.The recent upheaval in late-night programming — namely the cancellation of “The Late Show with Stephen Colbert” and the temporary suspension of “Jimmy Kimmel Live!”…

Microsoft Chief Technology Officer and Executive Vice President of Artificial Intelligence Kevin Scott speaks at the Microsoft Briefing event at the Seattle Convention Center Summit Building in Seattle, Washington, on May 21, 2024. Jason Redmond | AFP | Getty ImagesMicrosoft would like to mainly use its own chips in its data centers in the future, the tech giant’s chief technology officer said on Wednesday, in a move which could reduce its reliance on major players like Nvidia and AMD.Semiconductors and the servers that sit inside data centers have underpinned the development of artificial intelligence models and applications.Tech giant Nvidia has dominated…

A gamer plays soccer title Pro Evolution Soccer 2019 on an Xbox console.Sezgin Pancar | Anadolu Agency via Getty ImagesMicrosoft is raising the Xbox Game Pass Ultimate subscription price by 50% to $29.99 per month, effective immediately, the company announced Wednesday.The $10 spike comes with a slew of changes to all its Game Pass plans, though its Essential and Premium plans will remain the same price. The Game Pass Core tier will no longer exist and instead will be rolled into the Essential tier, while Standard subscribers will move to the Premium tier.”As we continue to evolve Xbox Game Pass,…

Director of the US Office of Management and Budget (OMB) Russell (Russ) Vought speaks to reporters outside the West Wing of the White House on July 17, 2025, in Washington, DC. Andrew Caballero-Reynolds | Afp | Getty ImagesThe Trump administration has frozen about $18 billion for two major infrastructure projects in New York City to ensure that funding is not “flowing based on unconstitutional DEI principles,” a top official said Wednesday.The funding is earmarked for the Hudson River Tunnel Project and the Second Avenue Subway project, said Office of Management and Budget Director Russell Vought.Vought announced the freeze in posts…

Ford Mustang Mach-E and F-150 Lightning on display at the New York International Auto Show on March 28, 2024.Danielle DeVries | CNBCDETROIT – Sales of electric vehicles and large SUVs drove Ford Motor’s third-quarter sales up by 8.2%, the Detroit automaker reported Wednesday.Ford said sales of all-electric vehicles increased by 30.2% during the period to a new quarterly record of more than 30,600 units. Its “electrified” vehicles, including EVs and hybrids, increased 20% compared with the same period a year earlier.Sales of Ford’s SUVs increased nearly 10% during the quarter, including massive gains for its larger SUVs as well as the…

Ford Mustang Mach-E and F-150 Lightning on display at the New York International Auto Show on March 28, 2024.Danielle DeVries | CNBCDETROIT – Sales of electric vehicles and large SUVs drove Ford Motor’s third-quarter sales up by 8.2%, the Detroit automaker reported Wednesday.Ford said sales of all-electric vehicles increased by 30.2% during the period to a new quarterly record of more than 30,600 units. Its “electrified” vehicles, including EVs and hybrids, increased 20% compared with the same period a year earlier.Sales of Ford’s SUVs increased nearly 10% during the quarter, including massive gains for its larger SUVs as well as the…